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Employee Benefits (Tables)

12 Months Ended

Jun. 30, 2020

Retirement Benefits [Abstract]

Plan's Funded Status and Pension Cost

The Company uses a June 30 measurement date for the plan. Information about the plan’s funded status and pension cost follows:

		2020				2019
Change in benefit obligation
Beginning of year		$	2,919			$	2,770
Service cost			53				50
Interest cost			93				107
Actuarial gain			355				106
Benefits paid			(114	)			(114	)
End of year		$	3,306			$	2,919

Significant Balances, Costs and Assumptions

Significant balances, costs and assumptions are:

		Postretirement Plan
		2020				2019
Benefit obligation		$	3,306			$	2,919
Fair value of plan assets			—				—
Funded status		$	(3,306	)		$	(2,919	)
Accumulated benefit obligation		$	3,306			$	2,919
Amounts recognized in the consolidated balance sheets:
Accrued benefit cost		$	3,306			$	2,919

Net Periodic Benefit Cost

Components of net periodic benefit cost:

		2020				2019
Service cost		$	53			$	50
Interest cost			93				107
Amortization of (Gain) or Loss			25				16
		$	171			$	173

Accumulated Other Comprehensive Income Not Yet Recognized

Amounts recognized in accumulated other comprehensive income not yet recognized as components of net periodic benefit cost consist of:

		2020				2019
Net loss		$	860			$	531

Other Significant Balances and Costs

Other significant balances and costs are:

		2020				2019
Employer contribution		$	114			$	114
Benefits paid			114				114
Benefit costs			171				173

One-percentage-Point Change in Assumed Health Care Cost Trend Rates

		One- Percentage-Point Increase				One- Percentage-Point Decrease
Effect on total of service and interest cost components		$	4			$	(4	)
Effect on postretirement benefit obligation			36				(34	)

Postretirement Plan Benefit Payments Expected Future Service

The following postretirement plan benefit payments, which reflect expected future service, as appropriate, are expected to be paid as of June 30, 2020:

2021		$	137
2022			168
2023			183
2024			199
2025			195
2026-2030			986

Benefit Payments Expected to be Paid for Agreements

The following benefit payments are expected to be paid for these agreements:

2021		$	121
2022			151
2023			133
2024			134
2025			134
Thereafter			3,928
		$	4,601

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